China Aims to Reassure Foreign Firms Amid Rare Earth Export Controls

Reported about 10 hours ago

In a bid to alleviate concerns over new export restrictions on rare earths, China held a significant meeting with representatives from over 170 foreign companies, asserting that these measures are intended to protect global stability rather than disrupt normal trade. Vice Commerce Minister Ling Ji emphasized that legitimate transactions would continue to be approved, even as tensions rise between China and the U.S. following the announcement of these controls, which have prompted reactions from various governments and a race to secure alternative supplies.

Source: YAHOO

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